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AT&T call volume above normal and directionally bullish

Bullish option flow detected in AT&T (T) with 55,092 calls trading, 1.8x expected, and implied vol increasing over 1 point to 24.04%. 10/31 weekly 26 puts and 10/31 weekly 26 calls are the most active options, with total volume in those strikes near 28,100 contracts. The Put/Call Ratio is 0.47. Earnings are expected on January 28th.

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